RELATED QUOTES
| Symbol | Price | Change |
|---|---|---|
| SJM | 73.07 | +1.47 |
This week brought in some upbeat tidings. The economic indicators were uniformly positive. On the jobs front, initial unemployment claims set another recovery low. Small-business optimism was up for the fifth month in a row, and that's great news because that sector does most of the hiring at this stage of the recovery. Manufacturing, less the utility sector, turned in some more great numbers on several reports. Even the producer and consumer price indexes came in better than expected (lower inflation). The housing market, on a volume basis, continues its slow but volatile trudge off the bottom. Housing stocks have been reacting to that phenomena and are now up over 70% from the autumn lows.
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